In this year’s first quarter, the nationwide U.S. office vacancy rate averaged a record 19.8 percent, Moody’s reported, up from 19.6 percent the previous quarter.
Tag: Economy
Post
TOP TREND 2024: BANKS GO BUST
Faced with a looming wave of wobbly commercial real estate (CRE) loans coming due, banks seem to be granting many lenders extensions of their maturity dates to give them more time to either refinance those loans or scrape together more capital to qualify for a new loan.
Post
SPOTLIGHT: BIGS GETTING BIGGER
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
Post
“REINVENT YOURSELF,” IMF TELLS CHINA
“China faces a fork in the road” and needs to "reinvent itself" with dramatically new economic policies that will end its 30-month-long property crisis, jump-start consumer spending, and raise productivity, Kristalina Georgieva, managing director of the International Monetary Fund (IMF) said on 24 March.
Post
CHINA’S MIDDLE CLASS GOING DOWN, GOLD BUYING GOING UP
China’s middle class blossomed from the 1980s until Beijing launched the COVID War in January 2020 on it Lunar New Year, “The Year of the Rat,” and imposed three years of draconian zero-COVID policy which destroyed the lives and livelihoods of hundreds of millions of its citizens.
Post
TOP TREND 2024, EV GO FU
As electric vehicle (EV) sales stall, hybrids—which combine electric power with a conventional fossil-fuel engine—are speeding off dealers’ lots.
Post
SPOTLIGHT: BIGS GETTING BIGGER
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
Post
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
Several key economic indicators were positive in China during the first two months of this year, the National Bureau of Statistics (NBS) said on 11 March.
Post
TOP TREND 2023: OFFICE BUILDING BUST
Nationwide, office properties have lost about 20 percent in value since the COVID War made remote work the new normal. However, in some key markets, the plunge has been far more severe.
